Choose The Hartford for Your Delaware Business Insurance
The Diamond State is home to over 80,000 small businesses that make up more than 98% of the state’s companies.1
To keep your Delaware company successful, you’ll want the right seguro de negocio
Types of Delaware Business Insurance Offered
Delaware Business Owner’s Policy
- General liability insurance
- Business income insurance
- Commercial property insurance
This means your BOP can help you with claims of bodily injury or property damage.
You should look into getting a BOP if your Delaware business has:
- A physical location like a store, home office or rented work space.
- A risk of getting sued for a customer injury. For example, if a customer gets injured in your store.
- Valuable property or information, like business equipment and customer files, that thieves can target.
Delaware Commercial Flood Insurance
Your business property insurance probably does not include coverage for flood damage. So, it may be smart to buy separate commercial flood insurance
coverage for your business.
This insurance protects your location plus its physical contents and property, like your:
It’s important for small business owners to have this policy, because it can help if you:
- Work in an area that’s more likely to experience water damage from heavy rainfall.
- Run your business operations in an area that has snowy winters. Fast melting snow is one of the top causes of flood damage on commercial properties.
Commercial Auto Business Insurance DE
Commercial auto insurance
helps cover auto accidents if you or your employees are at fault. So, if your employee rear ends another car while they’re driving for work, this coverage can help pay for the damages. It can also help pay for damaged property and medical bills resulting from an accident.
Delaware Commercial Umbrella Insurance
Commercial umbrella insurance
extends the limits of some of your liability coverages. Without it, you could potentially face expenses like medical bills, legal fees and damages out of pocket if they exceed your underlying policy limits.
This insurance coverage can help protect your business from accidents like:
- A customer slipping on the floor and injuring their leg. As a result, they file a claim to cover their medical costs which exceed your general liability coverage limit.
- An advertising error that results in customers suing you for more than your business liability insurance limit.
Delaware Data Breach Insurance
Data breach insurance
can help protect your business from the expenses of the loss or theft of personally identifiable information. For example, if a hacker steals your customers’ credit card numbers, this coverage can help pay for your legal fees if the victims sue you. Plus, data breach insurance can help cover:
- Monitoring services to help protect the victims of data breaches
- Public relations and crisis management services
- Costs to notify impacted customers
In the event of a data breach, our professionals can help you take the right steps and guide you in responding quickly. They’ll make sure you meet the requirements of the applicable laws and regulations and help to restore the public’s confidence in your business.
Delaware Business Insurance Minimum Requirements
Almost all businesses in Delaware need to carry workers’ compensation insurance. In most cases, if you don’t have this coverage, employees who get sick or injured at work can sue your business. You can also face fines from the state Department of Labor.2
To learn more about the minimum business insurance requirements, visit the Delaware Insurance Commissioner’s Office
Additional Delaware Business Insurance Links
1 Small Business Administration, “2019 Small Business Profile”